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HUD.gov / U.S. Department of Housing and Urban Development (HUD) – Use caution when using credit card borrowing because of interest rates. If you borrow money for the improvements, you should go to your bank or other lender and apply for a loan.. Today there are a number of good plans for financing home improvements on reasonable terms.. Title I Property.
Home improvement financing: Compare 8 choices – Credit Cards – The federal housing administration’s (FHA) Title I Home Improvement Loan Program is fairly small – 5,576 loans in 2015 – but it can be a good deal for consumers. It doesn’t require a specific amount of (or any) equity in the home.
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